News & analysis

Regional overview

Regional overview

Updated to Q3 2017

Supply has been affected by production outage following hurricane Harvey in the US Gulf coast in late August. Multiple crackers and refineries were off line immediately following the storm. Although several have restarted, some units are expected to be off line through October or possibly into November. Additionally, a new propane dehyrdogenation (PDH), which had been expected online in September, is now expected online in October.

Demand had been steady early in the quarter, but dropped off sharply following hurricane Harvey. The storm caused outages in downstream units while shipping disruptions limited exports. Demand began to recover in the second half of the quarter as disruptions from the hurricane resolved.

The report includes feedstock prices and weekly production data. It can benefit anyone buying or selling products made from polypropylene, acrylonitrile (ACN), propylene oxide (PO) or propylene glycol.

Our subscriber base includes buyers and sellers as well as traders and analysts both in the US and abroad.

Editor

Price history

Price history

ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Propylene. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.

Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.

Methodology

ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.

Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.

Over 25 years of reporting on key chemicals markets, including Propylene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.

Propylene Methodology

Propylene is a colourless, highly flammable gas. It is produced by several routes, the most common of which is as a co-product of ethylene production from steam crackers.

The 13th ICIS World Olefins Conference

7 March 2018 Hilton Diagonal Mar Barcelona // Spain

Investing in the future: Assessing the implications of new capacity on the global olefins market

2017 saw an attendance of over 120 delegates from leading companies and with 2018 aiming once again be the must attend event in olefins space, we will bring in representation from the largest olefins global and regional players as well as adjacent markets

Infographic: Europe Ethylene, Propylene H1 2017 Review

Pricing volatility looks set to continue as new ethane-based cracker and derivatives capacity comes on line in the US from the second half of 2017. This can be challenging for Europe’s olefins as they become more susceptible to global market developments.

This ICIS infographic reviews key developments in the European olefins landscape during the first half of 2017, as well as production and trade data for ethylene, and polymer grade propylene (PGP) spot price evolution.